U.S. Secretary of Commerce Penny Pritzker issued the following statement today on the release of the February 2016 U.S. International Trade in Goods and Services monthly data. U.S. exports of goods and services increased to $178.1 billion in February from $176.3 billion in January. In February, travel services registered a new record, with $15.3 billion of exports. In addition, growth in goods...

Today, U.S. Secretary of Commerce Penny Pritzker released the following statement on the addition of the eighth National Network for Manufacturing Innovation (NNMI) institute. The Revolutionary Fibers and Textiles Manufacturing Innovation Institute in Cambridge, Massachusetts will be spearheaded by the Massachusetts Institute of Technology in partnership with the U.S. Department of Defense.

U.S. Commerce Secretary Penny Pritzker announced today the appointment of 17 distinguished leaders with a wide range of expertise on digital policy and economic issues to serve on the U.S. Commerce Department’s Digital Economy Board of Advisors, which will provide recommendations on ways to advance economic growth and opportunity in the digital age.

U.S. Secretary of Commerce Penny Pritzker announced today that she has selected Kiersten Todt to join the Department’s National Institute of Standards and Technology (NIST) team and serve as the Executive Director of the Commission on Enhancing National Cybersecurity. This Commission, created by Presidential Executive Order and supported by NIST and the Commerce Department along with its...

Today, U.S. Secretary of Commerce Penny Pritzker released the following statement on President Obama’s nomination of Chief Judge Merrick Garland to the Supreme Court of the United States. “Today, the President made an outstanding choice in nominating Chief Judge Merrick Garland to the Supreme Court. I have known Merrick for a long time, and he is a person of unquestionable talent, integrity, and...

U.S. Secretary of Commerce Penny Pritzker today announced that the Department’s International Trade Administration has updated its Free Trade Agreement Tariff Tool (FTA Tariff Tool) to include the latest information on tariffs on U.S. products exported to Trans-Pacific Partnership (TPP) partner markets. When enforced, the TPP will eliminate more than 18,000 foreign import taxes that various...

Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and Security (BIS) announced significant amendments to the Cuban Assets Control Regulations (CACR) and Export Administration Regulations (EAR). These changes, coupled with the arrangement recently announced by the Departments of State and Transportation allowing...

Today, U.S. Secretary of Commerce Penny Pritzker announced she will attend the seventh annual 2016 Global Entrepreneurship Summit (GES), hosted by President Barack Obama in Silicon Valley. As the Administration's point person on entrepreneurship, Secretary Pritzker will be accompanied by 10 of the Presidential Ambassadors for Global Entrepreneurship (PAGE). ...